MUMBAI: The original showman of Bollywood – producer – director Subhash Ghai will be investing Rs 1 billion (Rs 100 crore) to open a film school in Haryana.
The announcement was made after Ghai met Haryana Chief Minister Bhupinder Singh Hooda at Whistling Woods International (WWI) in Mumbai. Various aspects of filmmaking will be taught at this school.
Speaking to Businessofcinema.com, a spokesperson from Ghai’s office Ravi Gupta said, “Yes we have taken over some land in Haryana and talks are on with the government of Haryana to put up entertainment related properties. Besides education we are also looking at consumer oriented properties like maybe a multiplex. We are also in talks with investors and the investments could be made by alliances or strategic investors and it could cost about Rs 1 billion (Rs 100 crores) over a period of four to five years.”
According to sources, the institute will be set up within two years at Haryana’s Jhajjar district, and would be spread over 20 acres of land.